Just when you thought it was safe for Cavco Industries (CVCO) shareholders to go back into the water again, Levi & Korsinsky, LLP have announced yet another investigation into the issues that became known on November 8, 2018. On a day when the markets broadly rose, that will be our spotlighted feature for this evening.
If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and major indexes closing tickers.
The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets. Headlines – at home and abroad – often move the markets. So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©
Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy readers time, while underscoring topics that may be moving investors, which in turn move the markets.
Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.
This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.
Want to know more about the left-right media divide from third party research? ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.
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Today’s markets and stocks snapshot, at the closing bell…
Today’s MH Market Spotlight Report –
Via a press release to the Daily Business News on MHProNews:
EQUITY ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Cavco Industries, Inc.
NEW YORK, June 17, 2019 (GLOBE NEWSWIRE) — Levi & Korsinsky announces it has commenced an investigation of Cavco Industries, Inc. (“Cavco” or “the Company”) (CVCO) concerning possible violations of federal securities laws.
On November 8, 2018, in a Form 10-Q filing with the U.S. Securities and Exchange Commission, Cavco announced that it had previously received a subpoena from the SEC’s Division of Enforcement requesting certain documents. According to the Company, this subpoena was received on August 20, 2018. Cavco also announced that on October 1, 2018, its former Chairman, President and CEO also received a subpoena. To obtain additional information…
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
Cavco has been taking steps to shore up their bona fides with investors.
A sampling of related reports on this often revisited, seemingly ongoing issue are linked below. Type “Cavco Industries” and/or “Joe Stegmayer” into our search box and you will find more.
Yahoo Finance Closing Ticker for MHProNews…
NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.
NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
LCI Industries, Patrick, UFPI and LP all supply manufactured housing.
AMG, CG and TAVFX have investments in manufactured housing related businesses.
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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.